A new report released by the Medical Management Association found primary care physician salary has risen by 10 percent over the past five years, nearly double the increase in specialist compensation over the same period.
The report is based on data collected from over 136,000 providers in more than 5,800 organizations. The survey includes data from physician-owned, academic and hospital practices.
Here are the key report takeaways:
1. The report linked the ongoing shortage of primary care physicians to the increase in compensation.
2. Current median total compensation for primary care physicians varies by state. Washington, D.C. pays the least at $205,776 and Nevada pays the most at $309,431.
3. The difference in compensation among all physicians between the highest paying and the lowest paying state ranges between $100,000 and nearly $270,000 depending on specialty.
4. Salaries have increased by 8 percent for non-physician providers, including physician assistants and nurse practitioners.